Shares of Orica Limited (OTCMKTS:OCLDY – Get Free Report) traded down 14.6% during mid-day trading on Wednesday . The company traded as low as $14.51 and last traded at $14.51. 405 shares traded hands during mid-day trading, a decline of 34% from the average daily volume of 614 shares. The stock had previously closed at $17.00.
Wall Street Analyst Weigh In
Separately, Zacks Research raised shares of Orica to a “hold” rating in a report on Thursday, May 21st. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.
Check Out Our Latest Stock Analysis on OCLDY
Orica Price Performance
About Orica
Orica Limited is a leading global provider of commercial explosives and blasting systems to the mining, quarrying and construction industries. Headquartered in Melbourne, Australia, the company designs, manufactures and distributes a comprehensive range of bulk and packaged explosives, initiating systems, detonators and digital blasting solutions. Its offerings include ground support products, ventilation systems in underground mining and specialty chemicals that support safe and efficient rock fragmentation and material handling.
In addition to explosives, Orica supplies sodium cyanide for gold extraction, bulk emulsions and specialty ammonium nitrate products.
See Also
- Five stocks we like better than Orica
- Marvell Constructs an AI Moat With Alphabet Warrants
- Microsoft’s Sell-Off May Be a Gift, Not a Warning
- SK hynix Triggers $28B Defense Against Tech Selloff
- Coherent Stock Is Cooling Off Just as Its AI Thermal Opportunity Heats Up
Receive News & Ratings for Orica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orica and related companies with MarketBeat.com's FREE daily email newsletter.
